20131003

Basic Grammar II


   Majors:

 They're the currencies most traded in forex exchange market. Those are the U.S. and Canadian dollar, €uro, Japanese yen , Sterling pound and Swiss franc.

   Margin:

 Customers must deposit extra-funds to cover any collateral potential losses from adverse variations in the market.

   Margin Call:

 Request for additional funds or other collateral, from a broker or dealer , to increase the margin to a level necessary to ensure implementation in a position.



   Limit Order:
 A limit order is programmed to ensure the profit level of a position. A limit order input programmed in a buy position is an order to sell . A stop limit order remains in effect until the position held it's limit or is canceled by the broker.
 
   Entry Order:

 Order executed when a specific price level is reached and/or surpassed. The execution is handled by the table and it is in effect until canceled by the broker.

   Limit Entry Order:

These are commands that are executed when the price of a currency reaches a specific level. The customer places the order given after you have reached the specified level , the price will move in the opposite direction to their previous times .

   Entry Stop Order: 

Orders executed when the price of the currency breaks a specific level . The customer places the order considering that when the price of the currency break the specified level , the price will continue in that direction.

   Stop Loss Order: 

An entry order linked to a specific position to stop position incurring additional losses . A stop loss order located in a buying position is a stop entry order to sell such a position. A stop loss order remains in effect until that the position is liquidated or canceled by the broker.
 
   Spread:

 It´s the difference between purchase price and selling price.